Solution Manual For Basic Statistics in Business and Economics 10th Edition By Douglas Lind, Chapter 1-15 Chapter 1 What Is Statistics? 1.
a. c. e.
Interval Nominal Ordinal
b. d. f.
Ratio Nominal Ratio (LO1-5)
2.
a. c.
Ratio Ratio
b. d.
Nominal Ratio (LO1-5)
3.
Answer will vary. (LO1-5)
4.
a. c.
b. d.
Population Sample (LO1-3)
5.
Qualitative data is not numerical, whereas quantitative data is numerical. Examples will vary by student. (LO1-4)
6.
A population is the entire group which you are studying. A sample is a subset taken from a population. (LO1-3)
7.
Discrete variables can assume only certain values, but continuous variables can assume any values within some range. Examples will vary. (LO1-4)
8.
a. A population is used because the professor likely has grades readily available from every student over the past 5 years. b. A population is employed because the information is easy to find. c. A population is used because the information is easy to find. d. A sample works because it is difficult to locate every musical. (LO1-3)
9.
a. b. c.
10.
The cell phone provider is nominal level data. The minutes used are ratio level. Satisfaction is ordinal level. (LO1-5)
11.
If you were using this store as typical of all Barnes & Noble stores then it would be sample data. However, if you were considering it as the only store of interest, then the data would be population data. (LO1-3)
Sample Population
Ordinal Ratio The newer system provided information on the distance between exits. (LO1-5)
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